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>>> welcome to "worldwide exchange." ross westgate is away. i'm kelly evans and these are your headlines from around the world. political turmoil in italy sending european stocks lower. italian banks leading the way down as mario monte keeps investors guessing in whether he'll run against sylvia berlusconi next year. the unexpected drop signals continued pressure from abroad. and meeting face-to-face, president obama and house speaker john boehner sit down for a one-on-one over the weekend. there are just three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the count
of the aisle, representative tim hulz camp, mick mulvaney and dennis kucinich. david: also wilbur ross, chairman and ceo of -- [inaudible] and the former chairman of the white house council of economic advisers. i tell you, we get the prime guests right here. ed lazear says tax hikes hurt growth. find out just how much. liz: rich edson live on capitol hill with the very latest on the fiscal cliff countdown. larry shover live in the pits of the cme, and what action we saw, wow, and we've got more than $100 billion worth of advice from our market panel, bill greiner and sandy lincoln. but first, let's talk to rich edson and, rich, you know, you're looking at a situation at the moment where you have the president saying we're close, but no deal. you have senator mitch mcconnell on the republican side saying close, but no deal. leads me to ask, what about joe biden? our vice president? he's the one who kind of brought things together in the early morning hours. >> reporter: he did, and mitch mcconnell called vice president biden, and they were hammering out a deal almost to the point where
. >>> let's hand over to "worldwide exchange." that is it for "squawk box." ross will pick it up. >> yes, here are the headlines take. european stocks firmly in the green in early trade as investors and analysts cheer aerospace's new ownership structure. draghi expected to hold off on rates and bond purchases. timothy geithner has drawn a line in the sand. he says the white house is prepared to go over the fiscal cliff if republicans don't give in on higher taxes on the wealthy. you can see we're weighted to the up side by a ratio of 8:1 at the moment. finland is not trading today, so you may see some quotes not doing very well. we saw apple stock having the biggest loss in four years. the ftse yesterday slim gains really. up 0.4%, the dax up a quarter of a percent. is this a this is where we stand as we wait for the announcements from the ecb. we're up at a 52 week high for the xetra dax. cac 40 up half a percent and ibex up half a percent, as well. take a look at bond yields. we looked at that auction yesterday from spain. they raised 4.3 billion. years went lower. nevertheless
1238 and the town of ross. they pulled over a suspected drunken driver. when they were giving the sobriety test to the suspect he took off 01 feet and just over a fence. he it and jumped into this creek. they were able to have visual contact with their flashlights but they try to encourage him to get out of the water and that of merely they lost contact with him. they called other agencies to come out to help the mob.them out. >> they searched until about 430 this morning looking for any signs of the suspect. they could not find anything so that suspended the search. if they come back at daybreak to continue the search. so far they do not have any informational. this is where the command post was an obviously as this case and developing we will pass on any new information that we did. right now, we are waiting for search and rescue to come out here and start searching the creek again. >> authorities say they responded to a call of shots fired in the 700 block of market street around 830 last night. when they arrived, officers on an adult males suffer from a gunshot wound. that
exchange" starts now. >>> and welcome to a special edition of reside worldwide. ross andcle reoff today for boxes day in -- kelly are off today for boxing day. for now, you is us. >> we'll start with a brief check on the markets. energy and metals are trading higher now, wtis up about 55 cents. brent crude up 65 cents. also want to check in on the gold price, as well. gold right now down about slightly under the flat line there, 1,-658. well below the 1,700 mark. the cme globex has been closed for christmas. it's going to reopen at 6:00 a.m. eastern time. that goes for treasuries and the foreign exchange market, as well. >> as for action in the overseas markets, the u.k. is closed today for boxing day as are some of the former brish colonies. in europe the dax down about there about 35 points, around half a percent. and overnight in japan, the nikkei, the yen falling to a 20-month low. you have the nikkei up 1.5%. the nikkei -- yen versus the dollar as shinzo abe returns to office as japan's new prime minister, promising monetary and fiscal reforms. we have the shanghai composite there
reyes, also around guerneville up the highway gender fort ross moderate to heavy rain there -- there is flooding in forestville right now on 116. the rain is now getting close to the golden gate bridge, also towards richmond making that southerly push going to be here in the heart of the bay by 7:00, in the south bay by 9:00. >>> friday light at the bay bridge toll, no metering lights yet, minor delay for cash paying folks not too bad, lanes carpool lanes flowing5 nicely not even backed towards the first overcrossing, just now to the caltrans parking lot. no problems westbound upper deck, san mateo bridge looking good, a little crowded westbound towards the highrise bunching up on the flat section towards foster city,f6b) 17 minute drive from hayward towards san mateo, westbound 37 past mare island car off the road waiting for a tow truck, three miles past mare island one lane in each direction, they will be having to get a tow truck in you might delays in a bit. north 101 railroad avenue, spin-out right lane possibly due to hydroplaneing and flooding in the area, -- t
, not stellar holiday shopping season and let's bring in carol ross, former investment banker, knows a thing or two about shopping and investment petailers, i'm saying, i'm tired of the excuses. i'm tired of hearing, oh, it's sandy or it's that or that and there's always an excuse when the economy starts to weaken, i just any the economy is weakening. what do you say? >> well, i agree, i mean, obviously, people have less money, they haven't been working and they're underemployed, but i do think that this is the big piece, stuart, this is pessimism. because you have to remember, even in the face of no money and no job, which has been going on for a while. consumer credit capacity actually has been increasing and consumers have been deleveraging and their home values have been going and theoretically they have more credit capacity, the fact that they're not using that capacity says to me, they're not optimistic about the future. >> i can see that this fiscal cliff thing is a problem. because nobody knows what's going to happen. you have no certainty for next year, so, i can see the fiscal clif
" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky quick is out today. our guest host this hour, rebecca patterson and peter. check out today's lineup. it is a biggie. we have an exclusive interview with dallas fed pet jrichard fibber. and the interview of the morning you do not want to miss. it is a crazy story we've been talking about for the past two weeks. john mcafee will be joining us live on camera at 8:40 a.m. eastern. we're going to get the latest chapter in this mystery that has murder, mayhem and suspension. his life is the movie of the week, if you will, and we will have it live right here at 8:40. please, do not miss that. let's get you caught up on some of the other headlines this morning. house speaker john boehner and president obama met for the second time this week. both parties are trying to avoid the fiscal cliff. the men had a frank discussion and the lines of communication remain open, although no specific details were released. the meeting came after frustration in washington. this was house speaker boehner earlier in the day. >> republicans want
quick along with joe kernen and andrew ross sorkin. let's take a look at our lineup today. first off, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out
ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. that's above the $250,000 threshold that the president has been demanding for months, but it is still far from speaker john boehner's request of $1 million. a source familiar with the talk says this is by no means the final offer for the white house. the move by the president was welcomed, albeit with some reservations. we will talk about the latest developments in just a few minutes. in the meantime, the global markets seem to be taking note of the optimism. you can see right now that those dow futures are up by 54 points. this comes after a decent rally for the markets yesterday. s&p futures at this point are up by better than seven points and the nasdaq futures up, as well, by about 17. european shares rising. germany is up, the ftse is up, the france, the cac in france has turned slightly down. but, again, this is a marginal loss of about three points. most of the ma
the first quarter. and kelly threw four touchdowns, three to ross. the sun devils sink navy 62-28. they finish 8-5. and later today the 49ers host arizona while the raiders close out their season at san diego. of course, i'll have all the highlights for you tonight at five. for sports on this sunday morning, i'm rick kwan. i'll see you later today. >>> coming up next, the family in mourning after a father and son are killed fishing in the bay. and the end of the free ride for sunday drivers in san francisco. a new policy for parking meters that many f >> breaking news. san jose fire officials are beginning what one says will be a long investigation into a fatal fire that began late last night. three people, including a baby, died when flames swept through an apartment building. abc7 news reporter kera klapper joins us live from the scene. good morning. >> good morning. as you mentioned, three people are dead this morning and crews are still here on the scene more than six hours after the initial calls came in to report the fire. this is in an multi--building apartment complex b
as a suspected drunken driver is now a search and rescue in corata deathmadera and the ross police chief they pulled over a suspected drunk driver and as they talked to him, they started talking to him. he bolted away, jumped a fence, and he went into the creek. it is quite swollen with the amount of rainfall. at that point, they had the flashlights and watched him. they had him and that they lost sight. however, it is now turning into research and rescue. they have even brought out the southern marin county water rescue unit they do not know if he is still in the creek, or if he got out, or if he drowned. this search will continue, and obviously, what a initially was a suspected d.u.i. >> it looks like that part of that lane or road has been lost? >> it looks like it is not impacting traffic right now. >> thank you. >> the 49ers are fresh off a monster game against the patriots. russell wilson threw for a touchdown. led by the crowd, the seattle seahawks clenched the spot in the playoffs. 42-13. wilson and's touchdown was just one shy of the rookie record from peyton manning. lynch led
. we have a lot to partner on. david: by the way partner with wilbur ross working with companies to get natural gas out of the chinese reserves. and there are huge reserves. maybe you could work on a deal with him. appreciate it. the n.r.a.'s wayne lapierre caused a stir when he suggested armed guards at schools. do we really need that? do we need to put armed guards in the schools? we'll ask a former d.e.a. agent about that and we'll ask about a plan of his own later in this hour. the economy means one thing for retailers, slower holiday sales for the week ending 15th. down 4.#%. adam you have been looking at this. >> part of it is hurricane sandy and part of it's the tragedy from newtown, connecticut. david: people are afraid to go out and shop? >> they're not in the mood. one quote in an article talk people think it's better to spend time with family. shopper tracker is finding that people shopping for the week that ended december 15th down 4.3%. overall they've adjusted what they think the holiday seen will be. and they've adjusted that it will be a growth of 2.5%. and thought it wo
" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome. thanks for getting up early. >> i'm always up at this time. >> we'll be going through secretary geithner's comments, but first let's get you up to speed on other stories. joe was talking about apple. it has been a rough ten weeks for the most valuable u.s. company. shares tumbling more than 6% yesterday shedding $35 billion of market value. among the reasons cited by analysts, a forecast by an influential research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. there were also unconfirmed reports that at least one major stock clearing house was raising margin requirements. and then there's the fiscal cliff. analysts citing fears about a hike in capital gains tax in 2013. rick santelli has been talking about this, though, the things that were up in 2012, those are the things being sold now, whether that be gold or any number of assets that rose appreciably over
a new police staffing is in place. >> an on-line petition demanding san francisco sheriff ross mercury resign. ross resigned got court is looking to get 50,000 signatures on a petition. the mayor pleaded guilty foot to false imprisonment in an incident where he bruised his wife's arm. >> the mayor suspended the sheriff. the board voted not to uphold the charges. mirkarimi has repeatedly said he plans to continue serving as sheriff. >> the federal reserve decision to test to prop the economy in an effort to keep long-term interest rate at record lows. >> the fed said his today that it plans on by $45 billion in treasuries and $40 billion in mortgage- backed securities each month. >> it is the first time that the fed has tight interest rates to unemployment, say they will keep the fed interest rate near 0. until u.s. employment drops below 6.5%. -that the unemployment rate drops below 6.5%. right now is at 7.7%. >> thank you marc. 7:38 a.m.. we will be back with more in a couple of minutes. this is 101 in san as a this is a bad spot. traffic is moving ok. plenty of sunshine looking misle
. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen. andrew ross sorkin is out today. he'll be back tomorrow. president obama and speaker boehner are not commenting about their meeting yesterday, but me members of the parties are continuing the public debate about taxes, spending and the fiscal cliff. republicans want a melt on xwiemtment and tax reform from the president. democrats insist this will not happen until the gop agrees on a tax hike. senator dick durbin saying no deal on the debt without a tax hike of the wealthy. >> i can't tell you, i don't want to do it, the president doesn't want to do it, but we need to solve the problem been we cannot allow the reckless position to drive this economy into another recession. >> some suggesting that it might be better to cave to the president now on taxes and keep up the fight on spending. >> if we were to pass, for instance, raising the top two rate and that's it, all of a sudden we do have the leverage of the debt ceiling and we haven't given that up. >> meantime, one influential voice says enough is enough. >>
's probably wrong. >> poor ross. >>> all right. power players coming up. >> no 13th month? >> in the world of investing. carlisle's david rubenstein, steve shoresman blackstone, venture capital's marc andreesson, and jamie dimon. look at that -- >> in addition we have jerry webb. make us all -- the rest of us feel -- >> we have one -- >> you're an economist or something? you play on to have -- you can think about the 12-12-12 thing in the meantime because you're good at math. >> yeah. all that stuff. >> all right. >>> as we move closer to the edge of the fiscal cliff, every move is being magnified by the markets. president obama and house speaker john boehner spoke by phone on tuesday, exchanging new proposals. the president gave boehner a revised offer on monday, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an ex
on the street" countdown to christmas continues. ho, ho, ho. ♪ >> andrew ross sorkin is bringing lloyd blankfein on stage. let's take a look. here's goldman sachs ceo lloyd blankfein. >> a number of people have touched on the fiscal cliff, and i wanted to start with that, but in a different way with you this morning, in that you have been active in washington over the past couple of weeks and all this. you've been on the phone with the white house. i've read reports that you were on the phone with the white house earlier this week. just if you could, take us behind the scenes. what goes on on these conference calls with the business community? sort of what do you see actually happening right now? >> i don't want to oversell this. i was on a couple of conference calls that the white house had with myself and other people who participated in meetings at the white house. i think the white house is trying to -- and frankly, they're doing a good job of marketing their position on this and being -- and trying to be open and transparent, responding to questions. not every question that we ask. not ever
and welcome back to south carolina here on cnbc. i'm andrew ross sorkin along with joe kernen. becky is off today. dino kosof, he's going to have a lot to talk about when it comes to what mr. bernanke just said. later in the program, we'll talk to pimco's kneneal ashkari. >>> a surprise from ben bernanke, linking unemployment to monetary policy. rates will be staying where they are right now, which is close to zero, of course. until at the very least the jobless rate falls to 6.5%. we can only cross our fingers wherefore when that might be. ben bernanke says these changes will make the central bank more transparent adding they can only help the markets. the central bank ramped up its asset purchase program adding $40 billion to its $40 billion a month purchases of mortgage-backed bonds. he spoke about the objectives during wednesday's news conference. >> the asset purchases and the rate increases have different objectives. the asset purchases are about creating near term momentum in the economy, trying to strengthen growth and job creation in the near term. and the increases in the federal
on facebook. on the technical side, richard ross is with me. on the fundamental story, zachary carabell. gentlemen, good to see you. zach, do you think being added to the nasdaq 100 helps facebook's stock? >> no, it's a good one-day story. it helps for liquidity, but this is not a name with hundreds of millions of shares in circulation that needs liquidity help. it's a nice thing to talk about, but not help for the stock. >> what do you think, rich? >> we love the chart. look, there's a thin line between love and hate in this business. we hated it at 33. we love it here at 28. we bring up the chart, i'll tell you how we get there. we've taken out the down trend that's been in place since the failed ipo you alluded to. we now have a four-month base of support. we say the bigger the base, the bigger the support. we see upside to 33 on facebook. we're a big buyer. >> zachary, what do you say about that? >> you know, obviously the name has been working. it's down hugely from its ipo price. momentum, as any trader will say, and i'm not speaking with that hat, can be your friend, but it can a
san francisco sheriff ross mirkarimi a group is gathering signatures to urge him to resign. the move is to avoid a costly recall. the petition needs 50,000 signatures within the next week. earlier this year mirkarimi pleaded guilty for bruising his wife's arm. he is on probation for three years. he refused to step down as san francisco sheriff. >>> the wrong turn for apple. why iphone users are celebrating after the maps fiasco. >> a late-night joyride at a slow speed. a man on a lawnmower learns a tough lesson [ non-english language ] >> it is a success in any language. the bay area school redefining bilingual education. it's a "cool school" and coming up next. ,,,, you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ [ girl's voice ] we're g
to "squawk box" on cnbc. i'm joe kernen, along with andrew ross sorkin. becky quick is off today. is this evans hour? "youngblood?" >> i don't know this song. ♪ >> futures are higher not as much as before. 17 points or so. being up at all with the fiscal cliff really looking like we're -- why wouldn't we head over. you go back to 39.6 on anybody 250 and above and ride in and lower taxes and be a hero. see republicans vote against that. >>> pre-christmas shopping rush wasn't much of a rush at all, at least not the type economists were expecting. a mastercard spending poll reports holiday sales were up .7 of a percent a year ago well below expectations. and we'll get a fresh read also on home prices when the monthly ca case-shiller report comes out at 9:00 eastern and congress thinks it will show 3.7% in prices for october from a year earlier, continued improvement. and netflix customers were hit by a partial holiday outage, some unable to access the service from clrm eve through thursday morning. they should have been spending time with the family around the hearth. >> a lot of
test in ross on christmas day. >> his family are putting up for war-torn courage helped from anyone with a bolt. >> san francisco police are asking for the public's healp in finding a m ugger they say robb won an inch shorter doll. >> police said a woman for car over friday and a street in tenderloin district a man came up to earn demanded money. after giving the money, the mugger grabbed one installed and hurled it into the street. the dog died after being taken to emergency vet hospital. >> blue skies on this chilly ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ no more paper anything. safeway presents just for u. ♪ save more. save easier. saving more, starts now. just for u on the safeway app. share brotherly love. share one up's. mom ? mom ? the share everything plan. lets your family share a pool of data across 10 devices with unlimited talk and text. get a spectrum 2 by lg for $49.99 >> walked back to the kron 4 morning new of this video coming from sky 7 ht. there is an accident on sell a tableau of them rode in orinda aron san tabl
never does, he'll be in good company. legends such as diana ross, the beach boys, the who and queen have never won grammy gold. >> this is for all the haters. >> reporter: the singer can take solace in his seven american music awards and the reported $55 million he made in the past year. for "cbs this morning," ben tracy, los angeles. ♪ as long as you love me >> who doesn't love "if i was your boyfriend." you know what i mean, nora. i can say hello, my name is gayle, i'm a believer. it doesn't make any sense to me. and he's on my ipod. it doesn't make any sense to me he wasn't nominated for one. go ahead, charlie, sing a couple of lines. go ahead, nora. >> gayle, when i first met you, i knew you were into the bieber fever. >> yes, i was. listen, i tried not to get smitten with him, but i saw the documentary "never say never." he's worked really hard. he's very talented. he's not some prefab character. he really isn't. now, i sit here >>> colorful foods may look pretty on your plate and >>> colorful foods may look pretty on your plate and may fight cancer, too. we'll look at a study tha
to reinstate ross mirkarimi. she did lose her re-election bid back in november. >>> the salvation army, one of the great charities, ringing the bells at union square and tara moriarty will be there as well. >>> that's right. rita williams, tom vacar and i will be ringing our bells. the police chief and fire chief will be onhand. >>> let's take a look at our road conditions outside. some heavy fog at the sunol grade. we've had patches of it all morning long. be careful. at the bay bridge toll plaza, we have a little bit of backup. here is a look at cars across the span as you drive into san francisco. a little bit slow going but moving well. in the city, the sun trying to come out here, traffic looking great in both directions. >>> good morning to you. a relatively pleasant weekend in store. we're going to be dry. we're going to be mild. the afternoon, chilly. a little bit of fog in some areas along the valley floor, in napa, livermore especially thick. take it easy out there. but outside of that, quiet weather for the weekend. holiday shopping, take your pick of things to do. >> you are ord
on tonight. with ross advisory that goes into effect as well as a freeze warning overnight into tomorrow. what that means is that it will be very cold. temperatures right now are called is in the north bay. at 30 and santa rosa 35 vallejo. oakland is 33 degrees, mid-40s for downtown san francisco through san mateo. temperatures are continuing to drop until the sun rise. satellite and radar shows dry skies overnight and today we will overall state dry again. there's a chance for a stray showers in the north. there are showers in the riga area. there's a potential for showers late tomorrow night for the north bay and the cows. widespread rain for thursday friday and into the weekend and a bigger system comes through. 5:00 wednesday night and the north bay along the coast we may see some rain moving into the area. also the snow will be following vas well. rain moves and from the north and to the west and then it will rise by early thursday morning and become more widespread. it will be quite breezy so it will be a yucky, yucky day. 52 degrees in downtown san francisco a little below the ave
's brian ross has been following the story from the very start. and he joins with us the latest on the investigation. >> reporter: good morning, elizabeth. police say they will go back to the day that adam lanza was born in their efforts to figure out the twisted motive behind this rampage. and why a young man so troubled would be given access to such powerful weapons by his mother. even taken to target practice by her. every gun shop and range within 15 miles of the crime scene is being canvassed by police and federal agents. >> they want to look at the last couple months to see what was going on. >> reporter: authorities want to know why nancy lanza bought the bushmaster rifle that her son would use to kill her and other victims. >> that weapon, from the day it was built, to the day it was here, we'll look at it from stem to stern, who has had it. all of the clips, ammunitions. >> reporter: demonstrated here on the company youtube channel, the bushmaster rifle can fire 45 rounds in a minute, slightly modified so it is legal for sale, despite a connecticut ban on assault-style
control between my ears great road and for ross wrote in sonoma county on saturday whether permitting that segment of road has been closed when storms underg mind the ground. >> a hit and run driver will inch for pedestrians and san francisco's twin peaks neighborhood is under arrest. the accident was reported shortly before 9:00 on christmas tree with gold. three professors were struck by that sedan. there was a fourth person. he managed to drop out of the way. one of the victims being treated for light trading injuries. there was an occupied in the vehicle that sustained minor injuries. california's utility regulators have decided to allow pg&e pass on part of the cost of pipeline upgrades to the customer. the utility company was ordered to improve the safety of its natural gas pipeline system following the massive 2010 explosion in san bruno which destroyed an entire neighborhood and left eight people dead. >> not with the approval of state regulators pg&e customers will pay more than half of the cost of the $2.2 billion upgrade. this translates to about $1 more on utility bills. c
is in washington d.c. with more of ross. >> reporter: health care exchanges are a big part of obamacare, but as the deadline today, about half of the state to saying, no thanks. we are not going to operate them ourselves. eighteen states plus d.c. will create their own. twenty-six states will let the federal government set them up for them. six states we will set them up in partnership with the fed. some republican governors are passing because they oppose the obamacare from the get go. other governors are awaiting more details from washington demoted think that these things are too risky to take on. let the fed stayed down all the risk and possible unexpected cost. massachusetts, however, has been operating one of these for several years. they are supposed to be like travel loss of the cover buying health insurance coverage. sign-on and shop around for the plan that is the best price with the options that you want. now, the administration is counting on these to help provide insurance coverage for up to 203 million people by 2016. they are all supposed to be up and running by january 1
that name is still buying to be on your arm or your back or ross you decide but it. i remember being in a whole food store. she was 20 at most. she was wearing a look at top from 20 yards away you could read the tattoo that spread all across her chest. it read begin. huge global letters. it will never go away. whether or not she ever it's a stake or eight again. why mark yourself alive tonight why put an ugly blotch understand? by the way, over time most tattoos eventually start to look like a bruise. for some reason the urge to markers of has become fashionable on last 45 years, but i think that fashion has run its course. there must be a lot of people who would now love to get that ugly mark off. here's a business opportunity. , but the guaranteed tattoo removal technology and open a chain of tattoo removal parlors a sure-fire winner. i hate those things. ...so as you can seeico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is comput
and steve liesman who is in for andrew ross sork been. the futures are weaker this morning. the dow futures only down 15 points right now so they've shown some improvement. s&p futures down 1 1/2 points. investors focused on the november jobs report which is out 90 minutes from now. the dow jones forecast is calling for 80,000 new nonfarm jobs for november with the unemployment rate remaining at 7.9%. reuters is expecting 93,000 jobs. >>> there's no deal to resolve the fiscal cliff but there are indications of inside-the-scenes talk. the white house told reporters that lines of communication remain open not sure exactly what that means but a spokesman for house speaker john boehner used a similar phrase. maybe that means call me? i don't know. analysts say there are some suggestions that there's real progress that can be made. >>> a 7.3 magnitude earthquake hit the northeastern coast of japan this morning, the same area as the devastating march 2011 quake. but there was a tsunami warning canceled and reports of injuries or damage even though the quake shook buildings. workers at the fukushi
'm going to lose if i raise taxes. >> it's happened before. >> i also remember ross perot got 22% of the vote that time. >> you're saying that the threat to pull the plug on any representative who took the pledge is far greater than any desire to rise above. >> they like being members of congress. there's no doubt about that. >> they do, don't they. >> yes, they do. >> don't mention pumps. . >> when we come back this morning, a new report finds that exporting nat gas will actually help the u.s. economy, but not every day is a winner. >>> vice chairman alan blinder will tell us what he thinks. >>> a new study from the federal government shows exporting u.s. natural gas overseas has the potential to reshape the global energy markets. the obama administration has said the study will be central to the decision on whether to export. he said exporting the gas would be a bigger impact on the economy. >> slap in the face of dow chemical. of coke, not coke the beverage company. but this was something that was hotly disputed within the romney campaign. he really let this stuff go because t
. >> it is a popular browsers store. they have 19 ross stores across the bay area another tent in the west coast. 19 across the bay area. the company's ch-- this will result in the company leaving the united states that is catching people here by surprise. take a listen. that is kind of depressing because i think they had a good product. i am sorry but i would like to see them stay. >> i would be ok but i hope another store would open. i really would hold another store would open their. >> coming up at 8:38 a.m. you will hear from an employe of a nearby store and why he says it would cripple his business if this fresh and easy close as well. they are looking at all out as as it pertains to the future of their fresh and easy change in the united states the most a half-that they hope to have more answers by april. >> the time now is 7:33 a.m.. the prize for crab this holiday season might be going up. crab fisherman from san francisco, half moon bay, and the date they are on strike over prices. no bolts are leaving the docks. the problem started over the weekend when crab boat skippers for the fish bro
for residents to ross san jose. the >> welcome back. thousands of people are expected at pearl harbor today to mark the 71 anniversary of the japanese attack that killed more than 2400 american troops and pulled the u.s. into world war two. a moment of silence is planned for 755 local time today marking the moment the bombing began. rule of the guided missile destroyer will stand on deck while the ship passes the u.s. as arizona a battleship that still lies in the harbor where it sank. >> and world news. the death toll from a typhoon that hit the southern philippines has climbed to more than 500 people. and more than 400 people are still missing. rescuers continued to search through the mud and debris. more than three a and a and 10,000 people have lost their homes since the typhoon struck on tuesday. >> the bay area quality management district has received a $1 million grant from the u.s. department of energy to help more local companies use alternative fuel for their vehicles to fleets. the grant will go toward the california fleets in workplace alternative fuel projects. the grant will l
of the u.s. trading session. thank you for tuning in this morning. i'm kelly evans. ross westgate will be back here on friday. so we'll see you back then. maybe tomorrow, too. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> good morning, fiscal cliff countdown. house republicans unveiling what they're calling plan b. >>> tech toughness. oracle sales will stay strong into the new year despite fears of tax hikes and spending cuts. >>> plus, libor rigging.
're avoiding, the big one, are the entitlements and the spending. now ross lynn carter -- and this is so ironic, because in many ways president carter was probably one of the most dysfunctional presidents, or at least didn't have the efficacy to ever put together a record that was to be proud. but the first lady had one of my all-time favorite quotes and i've used it before. we're going to show it on the screen. a leader takes people where they want to go. a great leader takes people where they don't necessarily want to go, but ought to be. so let's go over this one more time. today we had senator warner on. and you know what, i really liked a couple things he said. because what he said was, is think outside the box. see, we need to get away from the blame game, get away from the red herring. he says, well, start a debt reduction sinking fund. i haven't heard that idea. there are many ideas, but the point is, is that the president has a legacy to protect. okay? many people, including, you know -- we had jim bianco on last week and were talking about where the leverage is, and it's unfortunate,
, the marshall's of the world, the ross stores, the t.j. maxx. they are doing just fine. the middle and perhaps the high end is feeling some pressure today. >> good see you, sir, happy holidays, thank you for joining us. david henry, ceo. >>> we were flat maybe six or seven minutes ago, quickly lost 90 points, do you new down 78 on the dow. s & p broken below the 50-day moving average, of course, after senator reid says it looks like where we're headed, his words, of course, referring to the fiscal cliff. still ahead what is preventing lawmakers from reaching a deal on the fiscal cliff? can a deal get done at this point? congressman peter welch will join us with insight at 11 a.m. suddenly, she does something unexpected and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to
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